SMEClosed

Premier Roadlines Limited IPO Subscription Status

📅Offer Date: 10 May 2024 – 14 May 2024

Minimum investment
₹1,34,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total117.65x
QIB0.00x
NII0.00x
Retail106.50x

Premier Roadlines Limited IPO was subscribed 117.65x in total when bidding closed on 14 May 2024, with 0.00x in the QIB category, 0.00x in NII, 106.50x in retail. The issue ran from 10 May 2024 to 14 May 2024 at a price band of ₹63.00–₹67.00 per share.

QIB0.00xNII0.00xRetail106.50xTotal117.65x1×

Times subscribed by category against the 1× line.

107
≈ 1 in 107 retail allotment
low allotment chance

Based on retail subscription (106.50x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail20,04,00021,34,26,000106.50x
Total40,06,00047,13,05,900117.65x
QIB / NII11,44,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail13.431429.95106.50x
QIB / NII7.66—0.00x
Total21.091429.95117.65x

Values derived from share count × issue price (₹67.00)

What this means for allotment & listing

Because Premier Roadlines Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Premier Roadlines Limited IPO subscription FAQs